
Feb 19 (Reuters) - Chicago Board of Trade soybean futures finished weaker on Wednesday on profit-taking and spillover pressure from losses in the neighboring corn market, analysts said.
Improved rains in dry growing areas of Argentina and expectations for a massive harvest in top-supplier Brazil also weighed on the market.
Brazilian farmers will harvest a record 171.3 million metric tons of soybeans in the 2024/25 season, consultancy Agroconsult said. The forecast was down from its January estimate of 172.4 million.
CBOT March soybeans SH25 closed 6-3/4 cents lower at $10.31-3/4 per bushel.
CBOT March soymeal SMH25 ended up $0.90 at $294.70 per short ton, while March soyoil BOH25 fell 1 cent to 46.3 cents per pound.